COVID-19’s Continuing Toll on the Auto Industry

Current Battles and Financial Adversity: A Continued Test for the U.S Auto Industry East Lansing, MI; July 9, 2020—Anderson Economic Group analysts note that May 18, 2020 was a historic Monday in the U.S. automotive industry. On that day, after several weeks of halted production due to the pandemic, major manufacturers scored a small but […]

COVID-19 Cases Trending Down in Tesla Plant Location

Alameda County has 1.6 million residents; Less than 40 cases per day on average; lower than many other manufacturing locations May 12, 2020—East Lansing, Michigan—The auto industry experts at Anderson Economic Group, together with the data analytics firm Supported Intelligence, have analyzed COVID-19 case data for all 50 states and multiple countries. These analyses, regularly […]

COVID-19 Outbreak: Updated US Auto Industry Analysis 2/20/2020

Key findings of this update The auto industry experts at Anderson Economic Group estimate that the crisis will cause production in China to drop by at least 2 million units in 2020—roughly equivalent to the seven times the production loss during the 2019 UAW-GM strike in the US. The list of strongly affected automakers has […]

Anderson Economic Group: GM Strike Analysis

Page updated November 7, 2019 See AEG’s latest analysis from October 25 below. Patrick Anderson explains the implications of this strike beyond the auto industry (Detroit News editorial, 10/2/19). Media outlets seeking the most current AEG expert analysis, interviews with Patrick Anderson and Brian Peterson, or up-to-the-minute input from our analysts should contact Lisa at […]

Patrick L. Anderson’s Statement on Delayed Auto Tariffs

FOR IMMEDIATE RELEASE Anderson Economic Group CEO Patrick Anderson, whose consulting firm works with manufacturers, suppliers, and dealers in the auto industry in the U.S. and other countries, offers the following statement regarding the White House announcement of a delay in levying tariffs on imported vehicles. “The announcement is welcome news to workers and taxpayers […]

After nine-year run, UAW profit-sharing routine takes a turn

“This time around, the uncertainty in the auto industry — and the fact that all three of these automakers have already announced some reductions — will trim that spending considerably,” said economist Patrick Anderson, CEO of the East Lansing-based Anderson Economic Group. Read More

After layoff news, GM workers worry about their ‘next move’

Patrick Anderson, CEO of Anderson Economic Group, talks with PBS NewsHour about the recent decisions made by General Motors Watch Here

Three Charts Tell the Story of General Motors’ Painful Decision: Anderson Economic Group visualizes the important data

EAST LANSING, Mich.,—December 3, 2018—Anderson experts released today three interactive data visualizations that show why General Motors made the painful decision that they announced on November 26th. “The visualization put together by our consultants provides insight into why GM made this tough decision,” said Patrick Anderson, Principal and CEO of Anderson Economic Group. About Anderson […]

Patrick Anderson discusses General Motors on Fox Business

Fox Business,

Revenue at Risk for Automotive Dealerships: The Growing Use of Manufacturer Incentive Programs